Yahoo Finance Resideo Technologies Full Year 2023 Earnings: EPS Beats Expectations
Resideo Technologies (NYSE:REZI) Full Year 2023 Results
Key Financial Results
Revenue: US$6.24b (down 2.0% from FY 2022).
Net income: US$210.0m (down 26% from FY 2022).
Profit margin: 3.4% (down from 4.4% in FY 2022).
EPS: US$1.43 (down from US$1.94 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Resideo Technologies EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 5.1% growth forecast for the Building industry in the US.
Performance of the American Building industry.
The company's shares are up 24% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with Resideo Technologies.
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